New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-10-17

cesa There wsre rallies and Ut times IN the early week
some promising indications Of returning cssndonce The
as a. a. ssmors ana ON"
TO declare the usual SENT annual Dividend fherc 10
faiI usual dividend during tho last six months:
IL was known that the con!panys nnMnces M sS
lines from money raised on by call loans Instead
Sas ss synds Out
each OF preferred stock AID OF Eeecra.
a%niiissy properties: was 70 SIMPLY pa. tho companys
Hnancies on permanent and soid basis, leaving ~
asa %s. ss POPULAR
days openly predicted the passing of the dividend It
Der q the ,synaicats ~ oonhdsd the So
S;.t TO- to Ss S Se
fact Every Ia liable TO retreat when receiving
blow the eyes Ts a.. friend an af;
angry and before Thursdays close had madc good II not
Friday morning, however, it received q knock
down from Mr.. Depew's unsupported ten minutes
and ~ .eat to IL was hsEho%r talk
and only man doing the talking. Ruin and pan'cs
Mr Depsw has since made an explanation Of TIC
matter denial Of the language attributed to him. and
The reverse OF those PIT into his mouth, but the
market closed week still suffering from doubts Of The
ideas tho representative OF Of rporaie
aud individual wealth or course. the bears" used
chief events Of the week TO forward their own
interest They pounded and slashed prices wherever
weakness developed. and a. all average men were
deferred from buvng OF course weaknessn prices deve
oped wherever they felt disposed to take the chance OF
their short lines The market practically
closed at the lowest prices OF the week.
Railroad officials largely chargeable FOR tho con-
diton OF affairs In Wall-st since last March Wnen
the Interstate Commerce bill was under consideration
In Congress. there was an almost universal expression
OF opinion by American railway presidents that II tho
bill became law II woni ruin the ra ways or the coun-
try-the president OF the Pennsylvania Railroad was
notable exception to the rule IL was at that time that
tho clique which still controls prices formed
II organized in New York. but IL established bureaus or
information IN Chicago. Boston Philadelphia, Washing-
D.t.l and m her \ng IA ma 4
prelicted-except the decline IN prices and tho
passing Of the Baltimore and ONO divideni-bas
come to PAST IL asserted that the Interstate
Commerce act would cut the railway earnings IN
two. Ever since last March its western
bureaus have bern carrying the most terrific railway
the railroads in September shaw gains III gross earning,
of l3 50 per September ls-6 Notwithstanding
TENDER, 1856, they gave gains on lsso Of over
II per cent The roads which have reported
n or Of m 81 per cent oS 1855 and the week Of 1856
gave gain OF nearly 10 per cent on that OF 1882 IL
said money would he tight that borrowers ON col
lateral would be forced TO accept iers figures ana 10
dill frighen banks money leniers; IL said that tho
Treasury could not bay any bonds that the holt.
era would not sell them. Money IL 50
feature in the situation and the Treasury purchased
iOOOO 900 of bonds At its own price That Is where
clique: latter makes prices but when 1t attempts TO
purchase there are two parties TO the contract
But IL all the things predicted had happened or NAV
happen. Wall street for some months has been
dscounting them Some prices are 2oG3O per cent
lower than they were when earnings We're less man tney
He will he an early riser VINO under thr con
dons predicted finds certificates OF stock yrs In tho
cutters OF Wall Suppose the predictions should
not be fulfilled!
subousd Is our usual table OF the highest. lowest and
final prices number OF shares sold Of seventy.hve
active stocks together with the hhal
10. 1856:
WEEKLY RANGE.